5. Notify the three major credit reporting agencies (Experian, Equifax, and TransUnion)

6. Get a new driver’s license

7. Get a free copy of your credit report from AnnualCreditReport.com to check if any fraudulent transfers have been made in your name. (Important: The Fair Credit Reporting Act guarantees you access to your credit report for free from each of the three nationwide credit reporting companies—Experian, Equifax, and TransUnion—every twelve months)

8. Report fraudulent transactions to the police

Plan ahead: Write down the contents of your wallet. A simple way to do this is to photocopy the front and back of all the cards in your wallet (make sure you make a copy of your driver’s license too), and then store this document in a protected place in your home such as in a safe. Losing your purse or wallet is never fun, but you can make it less stressful if you follow these tips!